How much do homeowners pay a month in Walker Township, MI?
Homeowners with a mortgage in Walker Township, MI pay a median of $1,563 (±$144) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $442 (±$190).
50.0% of owned homes carry a mortgage.
In Walker Township, the median monthly cost with a mortgage went from $861 in 2015–2019 to $1,563 in 2020–2024 (+81.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,563 (±$144)
- Without a mortgage
- $442 (±$190)
- Owned with a mortgage
- 50.0%
Monthly owner costs in Walker Township
| Walker Township | Cheboygan County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,563 (±$144) | $1,231 (±$44) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $442 (±$190) | $494 (±$20) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 50.0% (±19.5 points) | 50.1% (±2.5 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,233 (±$145) | $1,704 (±$84) | $2,904 (±$9) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Walker Township, the median cost with a mortgage is higher than in Cheboygan County ($1,231).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Cheboygan County, Walker Township ranks 2 of 20 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 419 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Walker Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $861 (±$73) | $1,563 (±$144) | +81.5% | Up after inflation |
| Median real estate taxes | $1,018 (±$207) | $1,233 (±$145) | +21.1% | No measurable change after inflation |
| Median home value | $134,700 (±$39,010) | $202,100 (±$58,149) | +50.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Walker Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Walker Township | — | $1,563 (±$144) | — |
| Forest Township (Cheboygan County) | 5.3 mi | $1,036 (±$402) | Lower |
| Ellis Township | 6.8 mi | $1,438 (±$157) | Not measurably different |
| Nunda Township | 7.4 mi | $1,115 (±$83) | Lower |
| Waverly Township (Cheboygan County) | 7.9 mi | $1,000 (±$239) | Lower |
| Koehler Township | 8.5 mi | $968 (±$36) | Lower |
| Onaway | 9.1 mi | $854 (±$87) | Lower |
| Wolverine | 10 mi | $744 (±$116) | Lower |
| Aloha Township | 11 mi | $1,185 (±$100) | Lower |
Nearby places with a measurably lower figure: Forest Township (Cheboygan County), MI ($1,036), Nunda Township, MI ($1,115), Waverly Township (Cheboygan County), MI ($1,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Cheboygan County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Burt Township (Cheboygan County) | $1,898 (±$255) |
| 2 | Walker Township | $1,563 (±$144) |
| 3 | Munro Township | $1,500 (±$180) |
| 4 | Mackinaw Township | $1,458 (±$358) |
| 5 | Ellis Township | $1,438 (±$157) |
| 6 | Tuscarora Township | $1,399 (±$134) |
| 7 | Grant Township (Cheboygan County) | $1,352 (±$117) |
| 8 | Hebron Township | $1,344 (±$188) |
Showing 8 of 20 places in Cheboygan County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Walker Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Walker Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Walker Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Walker Township, and send estimates and invoices from your phone.
Questions about Walker Township
What is the average mortgage payment in Walker Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Walker Township, MI is $1,563 (±$144) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Walker Township?
Owners without a mortgage in Walker Township pay a median of $442 (±$190) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Walker Township gone up?
In Walker Township, the median monthly cost with a mortgage went from $861 in 2015–2019 to $1,563 in 2020–2024 (+81.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Walker township, Cheboygan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Walker township, Cheboygan County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Walker township, Cheboygan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Walker township, Cheboygan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Walker township, Cheboygan County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Walker township, Cheboygan County, Michigan (county subdivision:82940, in state:26 county:031).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .